India has finally got a symbol for the Rupee and joined a select club of countries whose currencies have an unique identity. The Union Cabinet approved the design, which includes both the Devnagiri 'Ra' and the Roman capital 'R' and has two parallel lines running at the top.
The parallel lines symbolise the equal to sign.
The new symbol, designed by Bombay IIT post-graduate D Udaya Kumar, was approved by the cabinet today — reflecting that the Indian currency, backed by an over-trillion dollar economy, was finally making its presence felt on the international scene.
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